Electricity Rates in Racine, WI
The average residential electricity rate in Racine, WI is 19.0¢/kWh based on 2024 EIA data. Wisconsin Electric Power Co provides electricity to the area. This is 11.8% above the Wisconsin state average.
Electricity Providers in Racine
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Wisconsin Electric Power Co | 19.0¢/kWh | 14.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 19.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Racine
At 19.0¢/kWh, a typical Racine household spends approximately $2020.08/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Racine
Charging an electric vehicle at home in Racine costs approximately $171.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Wisconsin
Frequently Asked Questions
What is the average electricity rate in Racine, WI?
The average residential electricity rate in Racine, WI is 19.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $168.34 for a typical household.
Who provides electricity in Racine?
Racine is served by 1 electricity provider. Wisconsin Electric Power Co is the largest provider in the area.
How do Racine electricity rates compare to the rest of Wisconsin?
Racine's average rate of 19.0¢/kWh is 11.8% above the Wisconsin state average of 17.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.